The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labour market systems for Germany, the UK, and the US, we construct …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …

This paper explores evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a … negative impact of high unemployment periods on labor market outcomes of disadvantaged groups, making extension of high …

This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a …